Fairchild Fashion Media

Fairchild Media
Subsidiary
Industry Media & Events
Founded 1892 (1892)
Founder Edmund Fairchild
Headquarters New York City
Products Websites, Magazines
Parent Capital Cities Communications
(1968-1996)
The Walt Disney Company
(1996–1999)
Advance Publications
(1999-2014)
Penske Media Corporation
(2014-present)
Website www.pmc.com

Fairchild Media is a publisher of fashion trade magazines, websites, and conferences for the fashion, retail and beauty industries. Fairchild Media brands include Women’s Wear Daily, Footwear News (FN), Beauty Inc, M and Fairchild Summits.

History

Fairchild Publications was founded in 1892[1] when Edmund Fairchild, a peddler, took over the Daily Trade Record (later the Daily News Record and DNR), a failing newspaper that covered the men's clothing business. In June 1910, an insert called "Women's Wear" first appeared in the Record; a month later, Fairchild published it as a standalone publication, known today as Women's Wear Daily.[2]

Women's Wear insert, June 1910

In 1968, the company—then named Fairchild Publications—was purchased by Capital Cities Communications.[3] In 1996, The Walt Disney Company acquired Capital Cities/ABC. In 1997, Disney announced its intention to sell Fairchild, but it wasn't until 1999 that it sold Fairchild to Advance Publications, the parent company of Condé Nast Publications, for $650 million.[4]

In 2005, Advance Publications folded Fairchild into Condé Nast Publications and rebranded the division as the Fairchild Fashion Group.[5] In 2008, it folded DNR.[6]

In 2010, Fairchild launched Menswear and took over the consumer-centric Style.com, previously part of Condé Nast Publications. In 2011, Fairchild Fashion Group was renamed Fairchild Fashion Media; in October of that year, FFM launched Style.com/Print, a print magazine extension of the brand.[7] In 2012, FFM sold its Fairchild Books division to Bloomsbury Publishing for $6.5 million.[8] The same year, it acquired Fashion Networks International, a blog network with contributors that included Anna Dello Russo, Bryanboy, Rumi Neely, and Derek Blasberg.[9]

In August 2014, Advance Publications announced that it would sell FFM, save for Style.com and NowManifest, to Penske Media Corp. for $100 million.[10]

Publications

Over the years, the company's portfolio has included the following publications:

References

  1. ↑ Palmeri, Christopher (August 19, 2014). "Penske Media Buys Fairchild Trade Magazines". Bloomberg News. Retrieved 30 August 2014.
  2. ↑ Axelrod, Nick (July 31, 2008). "The Changing Face of WWD". The New York Times. Retrieved 30 August 2014.
  3. ↑ Godfrey, Donald G.; Leigh, Frederic A. (January 1, 1998). Historical Dictionary of American Radio. Greenwood Publishing Group. p. 62. ISBN 0313296367. Retrieved April 13, 2015.
  4. ↑ Kuczinsky, Alex (August 20, 1999). "Merger Planned for 2 Giants of Fashion Publishing". The New York Times. Retrieved 30 August 2014.
  5. ↑ Bosman, Julie (September 27, 2005). "A Consolidation at Condé Nast Gives Magazines One Overseer". The New York Times. Retrieved 30 August 2014.
  6. ↑ Times, L.A. (November 24, 2008). "DNR RIP, men's fashion trade paper dead at 116". The Los Angeles Times. Retrieved 30 August 2014.
  7. ↑ Wilson, Eric (October 26, 2011). "Finally, the Web at Hand". The New York Times. Retrieved 30 August 2014.
  8. ↑ Publishing, Bloomsbury (April 2, 2012). "Acquisition of Fairchild Books". Bloomsbury Publishing. Retrieved 30 August 2014.
  9. ↑ Wicks, Amy (May 15, 2012). "Fairchild Fashion Media Acquires Blogger Network". Women's Wear Daily. Retrieved 30 August 2014.
  10. ↑ Bazilian, Emma (August 19, 2014). "Condé Nast Sells Fairchild Fashion Media to Penske". Adweek. Retrieved 30 August 2014.

External links

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